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The company's “Access” policies will put sicker and riskier purchasers on the hook for higher premiums and impose a waiting period.
New offering from Blue Cross Idaho boasts better coverage | BenefitsPRO
Idaho has passed legislation that allows such insurers of short-term plans to offer renewable plans that are renewable—but that can charge higher premiums to people with health conditions. Sick people could end up on the hook for maximum out-of-pocket limits of at least $15,000 for a single person and $30,000 for families under the most expensive plan. For ACA plans, on the other hand, the out-of-pocket maximum in 2020 is $8,200 for individuals and $16,400 for families.
“One of the biggest complaints about ACA plans is high deductibles,” says Sabrina Corlette, co-director of the Georgetown University Center on Health Insurance Reforms, “and so here we have a state that has been a strong opponent of the ACA and their alternative is a plan with a super-high deductible and that doesn’t cover pre-existing conditions, and you get charged a higher premium if you have any sort of health issues at all. States’ time and energy would have been far better spent trying to do something like reinsurance and looking at ways to improve affordability for everybody.”
New offering from Blue Cross Idaho boasts better coverage | BenefitsPRO
Idaho has passed legislation that allows such insurers of short-term plans to offer renewable plans that are renewable—but that can charge higher premiums to people with health conditions. Sick people could end up on the hook for maximum out-of-pocket limits of at least $15,000 for a single person and $30,000 for families under the most expensive plan. For ACA plans, on the other hand, the out-of-pocket maximum in 2020 is $8,200 for individuals and $16,400 for families.
“One of the biggest complaints about ACA plans is high deductibles,” says Sabrina Corlette, co-director of the Georgetown University Center on Health Insurance Reforms, “and so here we have a state that has been a strong opponent of the ACA and their alternative is a plan with a super-high deductible and that doesn’t cover pre-existing conditions, and you get charged a higher premium if you have any sort of health issues at all. States’ time and energy would have been far better spent trying to do something like reinsurance and looking at ways to improve affordability for everybody.”
